Hedge funds cut NFLX, keep big bets on MSFT, AMZN, add NVDA
SILICON SLOPES, Utah – Domo (NASDAQ:DOMO), a $323 million market cap enterprise software company with a robust 74.45% gross margin, unveiled its latest AI innovation, Agent Catalyst, at Domopalooza 2025, marking a significant advancement in the realm of autonomous artificial intelligence. Agent Catalyst is designed to enable the creation of independent AI agents capable of analyzing and executing business processes within Domo’s secure AI platform.
The new solution aims to help organizations automate complex workflows while ensuring data security, governance, and human oversight. According to Domo’s CEO, Josh James, Agent Catalyst represents a shift towards AI agents that can operate autonomously, unlike traditional AI assistants that rely on human instructions. The company’s stock has shown strong momentum recently, with a 17.81% return over the past six months, though InvestingPro data indicates the company is still working toward profitability.
Agent Catalyst provides a suite of tools to support the development of AI agents, including DomoGPT, a configurable language model, and FileSets for managing unstructured data. Additionally, a Semantic Layer helps agents understand business context, and upcoming tools like AI Assistant & AI Agent Builders are expected to streamline the creation and deployment process.
Rob Toro from 7Rivers and Patrick Buell from Hakkoda have endorsed Agent Catalyst’s ability to simplify AI-powered solution development and rapidly deploy automation. Kevin Petrie from BARC US and Jonathan Pratner from RXA @ One Magnify highlighted the importance of Domo’s data governance background for maintaining human control over AI applications.
Domo is also extending these AI capabilities across its platform. Features such as the Text Generation Tile in Magic ETL and AI Agent Tasks in Workflows are designed to enhance data transformation and simplify processes. Automated Insights will offer AI-driven analysis tailored to user roles and data permissions.
This development reflects Domo’s commitment to empowering businesses with AI tools that are not only powerful but also secure and compliant with enterprise standards. With annual revenue of $317.04 million and a beta of 2.57 indicating higher market volatility, Domo continues to invest in innovation despite current market challenges. The information on Agent Catalyst and Domo’s AI offerings is based on a press release statement and InvestingPro data, where investors can access the comprehensive Pro Research Report covering Domo’s complete financial profile and growth prospects.
In other recent news, Domo, Inc. has reported several noteworthy developments. The company recently announced its earnings, highlighting a strong finish to Fiscal Year 2025. Domo exceeded FactSet consensus expectations in key financial metrics, including billings, revenue, operating income, and free cash flow. However, DA Davidson has expressed concerns over a deceleration in revenue growth, leading them to initiate coverage with a Neutral rating and a reduced price target of $8.00, down from a previous target of $9.00. Meanwhile, Cantor Fitzgerald maintained an Overweight rating with an $11.00 price target, citing the effectiveness of Domo’s partner ecosystem and consumption pricing model.
Additionally, Domo has appointed Mark Maughan as its new Chief Operating Officer, effective immediately. Maughan has been with the company since 2015 and previously held the position of Senior Vice President, Customer Success. The company also announced the election of Ryan Wright and David Jolley as new directors, with Jolley resigning from his employee position. These changes come as Domo continues to focus on strategic initiatives and leadership adjustments.
Lastly, the company introduced a new platform called Agent Catalyst at the Domopalooza AI + Data Conference, drawing interest from over 200 customers. This development underscores Domo’s commitment to innovation and strengthening its product offerings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.